Donald Trump claims that Iran has yielded to most of the US’s demands, but Tehran insists that there are no ongoing negotiations. Despite this, markets are responding — oil prices are rising, metals are fluctuating, and India’s largest IPO is facing pressure, trading below its issue price amidst overall market uncertainty.
Trump asserts Iran has met most demands from peace negotiations; Iran counters with ‘no discussions ongoing’
President Donald Trump stated that Iran “gave” the US the majority of the 15 demands sent to them concerning the war’s conclusion, even though it’s still uncertain if genuine negotiations are taking place.
Read More
‘Short if they pump, long if they dump’ — insights from Iran’s Parliament speaker
Mohammad-Bagher Ghalibaf, the speaker of Iran’s Parliament, targeted posts from the US coinciding with key market timings in his latest message on “X” on Monday, March 30.
Read More
What’s causing declines in gold and silver despite global tensions?
Gold and silver prices fell on Monday, March 30, following declines in the global commodity markets as rising bond yields, a stronger US dollar, and increasing geopolitical instability affected investor confidence.
Read More
Foreign ministers from Saudi Arabia, Egypt, and Turkiye meet in Pakistan to discuss tensions in West Asia
The Foreign Ministers of Saudi Arabia, Egypt, and Turkiye gathered in Pakistan on Sunday to participate in a two-day quadrilateral summit aimed at resolving the ongoing conflict in West Asia. Egyptian Foreign Minister Badr Abdelatty and Turkish Foreign Minister Hakan Fidan arrived in Islamabad on Saturday.
Read More
India’s largest IPO now trades 10% below its initial issue price and experiences the worst month since launch
Hyundai Motor India Ltd. shares dropped another 2.5% on Monday, March 30, experiencing declines in six out of the last seven trading sessions. Consequently, the stock has now fallen below its issue price of ₹1,960.
Read More
Explained – Reasons behind a surge of up to 6% in three metal stocks on Monday
Shares of Hindalco Industries Ltd., National Aluminium Company Ltd., and Vedanta Ltd. increased by up to 6% on Monday, March 30, propelled by a significant rally in global aluminium prices due to rising geopolitical tensions in West Asia.
More Here
Shareholder Lock-In: 18.5 crore shares from eight stocks worth over ₹10,000 crore become tradable today
Approximately 18.51 crore shares from eight companies, valued at ₹10,197.23 crore, will be available for trading on Monday, March 30, as their respective shareholder lock-in periods conclude. It’s crucial to note that the end of the lock-in period doesn’t mean all shares will be sold on the open market, but they will be eligible for trading.
Read More
Aluminium prices jump 6% following Iran’s attacks on plants in Bahrain and UAE
Aluminium prices in global markets surged by as much as 6% on Monday, March 30, in response to Iran’s attacks on two significant production sites in West Asia, further raising concerns about supply disruption in a region that contributes significantly to global output.
Read More
Brent crude prices poised for record monthly gains, re-testing early-war highs on Monday
Brent prices have increased over 50% in March and continue to rise despite mediation attempts by regional countries. A note from Macquarie on Friday warned that oil prices could spike to $200 a barrel if the conflict continues through June, assigning it a 40% probability.
Read More
India initiates 60-day emergency kerosene distribution under PDS
The Central Government has opted for an emergency distribution of Public Distribution System (PDS) Superior Kerosene Oil (SKO) to States and Union Territories for household purposes, implementing a 60-day emergency measure to assist with cooking and lighting needs.
Read More
Congress announces its first list of 284 candidates for West Bengal elections
The Congress party released its initial list of 284 candidates on Sunday, March 29, for the forthcoming West Bengal Assembly elections, featuring former state unit chief Adhir Ranjan Chowdhury from Baharampur and ex-TMC MP Mausam Noor from Malatipur.
Read More
